Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 136. (Read 169030 times)
what happens when physical gold is withdrawn from custody bot?
Greetings!
Custody Bot can replace pawnshops as it is more transparent and almost totally automated.
Manual inspection is needed each time gold jewelry undergoes inspection, as there is no common standard for this type of commodity.
The details of both inspections - i.e., the data results of the spectral analysis and the hydrostatic weighing - are stored in GoldMint's blockchain. The timestamps on the valuable’s acceptance and withdrawal are also stored in blockchain. Custody Bot will be distributed in pawnshops and trade centres.
With regards,
team GOLDMINT
why can custody bot automate gold valuables assessment?
Custody Bot can replace pawnshops as it is more transparent and almost totally automated.
why does gold jewelry need extra examination from a specialist?
Manual inspection is needed each time gold jewelry undergoes inspection, as there is no common standard for this type of commodity.
which details of gold valuables examination are sent to the blockchain?
The details of both inspections - i.e., the data results of the spectral analysis and the hydrostatic weighing - are stored in GoldMint's blockchain. The timestamps on the valuable’s acceptance and withdrawal are also stored in blockchain. Custody Bot will be distributed in pawnshops and trade centres.
With regards,
team GOLDMINT
very frustrating indeed , need this coin to be like jesus and rise from the dead
which details of gold valuables examination are sent to the blockchain?
This is really cool. Will definitely lead to a more stable token.
I am however concerned about securities laws. This is essentially a security backed by gold, which might have some legal implications.
I am however concerned about securities laws. This is essentially a security backed by gold, which might have some legal implications.
why does gold jewelry need extra examination from a specialist?
why can custody bot automate gold valuables assessment?
Greetings!
Custody Bot is GoldMint's unique device. It is programmed for temporary holding, inspection, long-term storing and conveying of gold jewelry, coins or gold.
Custody Bot uses the technologies of spectral analysis and hydrostatic weighing to inspect the value of the gold. In the absence of a single standard, a specialist also manually inspects the jewelry before Custody Bot conducts spectral analysis.
Gold jewelry, small ingots (up to 100 grams) and coins.
With regards,
team GOLDMINT
what is custody bot?
Custody Bot is GoldMint's unique device. It is programmed for temporary holding, inspection, long-term storing and conveying of gold jewelry, coins or gold.
how does custody bot evaluate the assets?
Custody Bot uses the technologies of spectral analysis and hydrostatic weighing to inspect the value of the gold. In the absence of a single standard, a specialist also manually inspects the jewelry before Custody Bot conducts spectral analysis.
which assets can be deposited to the custody bot?
Gold jewelry, small ingots (up to 100 grams) and coins.
With regards,
team GOLDMINT
I think i better get into this one also looks like majority here are in favour of this project.
I think this project will successful, during the presale, the platform raised over $600k in under 36 hours and raised over $4.5 million with over 800 000 tokens sold.
which assets can be deposited to the custody bot?
how does custody bot evaluate the assets?
what is custody bot?
hi destruct
I have purchased 1000 MNT/MNTP tokens out of 10 million available. this gives me ownership of 1 in every 10000 tokens.
1) How many tokens approx would be needed to mine one GOLD block ? The reward for mining a block would obviously be directly related to a % the total value of the GOLD block mined ? So a more valuable block would be more profitable to mine ?
2) Just a thought here. Would it be at all possible to combine/pool all miners MNT/MNTP tokens together and each miner can then share EQUITABLY in the GOLD mining profits for all blocks mined based on the % of MNT/MNTP tokens they own. Each miner could then receive a % payout on a daily basis or however often you pay out commissions.
3) Currently you do not require purchasers of MNT/MNTP tokens to produce any form of ID. Once operational and you start paying miners commission in GOLD will you then require each miner to provide you KYC/ID personal details ?
4) Will your new graphene blockchain be quantum proof ?
5) Could GOLDMINT possibly set up there own in house exchange for people to trade tokens and GOLD. This would avoid price manipulation on crypto exchanges. For example Vaultoro has their own exchange on their web site.
Cheers )
I have purchased 1000 MNT/MNTP tokens out of 10 million available. this gives me ownership of 1 in every 10000 tokens.
1) How many tokens approx would be needed to mine one GOLD block ? The reward for mining a block would obviously be directly related to a % the total value of the GOLD block mined ? So a more valuable block would be more profitable to mine ?
2) Just a thought here. Would it be at all possible to combine/pool all miners MNT/MNTP tokens together and each miner can then share EQUITABLY in the GOLD mining profits for all blocks mined based on the % of MNT/MNTP tokens they own. Each miner could then receive a % payout on a daily basis or however often you pay out commissions.
3) Currently you do not require purchasers of MNT/MNTP tokens to produce any form of ID. Once operational and you start paying miners commission in GOLD will you then require each miner to provide you KYC/ID personal details ?
4) Will your new graphene blockchain be quantum proof ?
5) Could GOLDMINT possibly set up there own in house exchange for people to trade tokens and GOLD. This would avoid price manipulation on crypto exchanges. For example Vaultoro has their own exchange on their web site.
Cheers )
how can mnt tokens be purchased?
Hey, I think goldmint's ICO is still running so I guess you can go to their ICO site and buy goldmint tokens from there if you like.
Greetings!
Today there are more than 60,000 tonnes of gold from the earth extracted, half of which finds its way into the pockets and accounts of “ordinary” people. Our idea is no short of revolutionary: we plan to convert this gold into blockchain-encrypted tokens to help owners protect their valuables, to help investors move their gold can more rapidly and easily from one part of the world to another, and to help companies and individuals hedge their gold against market volatility.
We plan to move in three stages:
To gain access to 1% of global gold circulation (over 300 tonnes) by launching Custody Bot automated storage facilities in pawnshops around the world.
To gain access to another 5% of gold circulation by introducing Custody Bot to shopping centers.
To gradually gain access to a final 10% of gold reserves, worth more than $100 billion, and to develop a special version of Custody Bot for popular installation.
The Airalab Core platform links Custody Bot to the blockchain.
We are consulting with them because they have a huge expirience about connecting various bots to blockchain
Gold inspection includes:
● Visual identification of the product by an operator – coin, ingot, jewelry, raw gold or gold granules
● Evaluation via spectrography using the spectrograph installed within the box
● Evaluation and weighing of gold via hydrostatic weighing
Custody Bot uses the technologies of spectral analysis and hydrostatic weighing to inspect the value of the gold. In the absence of a single standard, a specialist also manually inspects the jewelry before Custody Bot conducts spectral analysis.
Spectral analysis: the process:
Custody Bot uses fluorescence spectroscopy, a type of electromagnetic spectroscopy that analyzes fluorescence from a sample. This technique involves using a beam of light, usually ultraviolet light, that excites the electrons in molecules of certain compounds and causes them to emit light. An analyzer crystal disperses radiation onto the gold via a detector. A computer-controlled precision goniometer moves the analyzer crystal and detector and controls the position, intensity and lengths of secondary radiation waves. Concentration of the analysis is calculated by comparison with known standard samples.
Hydrostatic weighing: the process:
Hydrostatic weighing determines the density of the gold and is done by weighting the item first in air then liquid and calculating the combined private density (ρ2). Estimation of density is made by contrasting the density of gold to densities of other metals.
The initial weighting lets define the valuable’s weight (m1) and the second one lets detemine the volume: V=(m1-m2)/ρ2.
With regards,
team GOLDMINT
What do you want to gain with your project?
Today there are more than 60,000 tonnes of gold from the earth extracted, half of which finds its way into the pockets and accounts of “ordinary” people. Our idea is no short of revolutionary: we plan to convert this gold into blockchain-encrypted tokens to help owners protect their valuables, to help investors move their gold can more rapidly and easily from one part of the world to another, and to help companies and individuals hedge their gold against market volatility.
We plan to move in three stages:
To gain access to 1% of global gold circulation (over 300 tonnes) by launching Custody Bot automated storage facilities in pawnshops around the world.
To gain access to another 5% of gold circulation by introducing Custody Bot to shopping centers.
To gradually gain access to a final 10% of gold reserves, worth more than $100 billion, and to develop a special version of Custody Bot for popular installation.
How Custody Bot will be linked to a blockchain?
The Airalab Core platform links Custody Bot to the blockchain.
We are consulting with them because they have a huge expirience about connecting various bots to blockchain
How Custody Bot analyse the value of gold?
Gold inspection includes:
● Visual identification of the product by an operator – coin, ingot, jewelry, raw gold or gold granules
● Evaluation via spectrography using the spectrograph installed within the box
● Evaluation and weighing of gold via hydrostatic weighing
Custody Bot uses the technologies of spectral analysis and hydrostatic weighing to inspect the value of the gold. In the absence of a single standard, a specialist also manually inspects the jewelry before Custody Bot conducts spectral analysis.
Spectral analysis: the process:
Custody Bot uses fluorescence spectroscopy, a type of electromagnetic spectroscopy that analyzes fluorescence from a sample. This technique involves using a beam of light, usually ultraviolet light, that excites the electrons in molecules of certain compounds and causes them to emit light. An analyzer crystal disperses radiation onto the gold via a detector. A computer-controlled precision goniometer moves the analyzer crystal and detector and controls the position, intensity and lengths of secondary radiation waves. Concentration of the analysis is calculated by comparison with known standard samples.
Hydrostatic weighing: the process:
Hydrostatic weighing determines the density of the gold and is done by weighting the item first in air then liquid and calculating the combined private density (ρ2). Estimation of density is made by contrasting the density of gold to densities of other metals.
The initial weighting lets define the valuable’s weight (m1) and the second one lets detemine the volume: V=(m1-m2)/ρ2.
With regards,
team GOLDMINT
Too funny.
How Custody Bot analyse the value of gold?
How Custody Bot will be linked to a blockchain?
What do you want to gain with your project?
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